Saturday, July 11, 2009

4240 Gilbert Avenue, Western Springs

4240 Gilbert Avenue in Western Springs

2 unit with 3 bedrooms in each. No Garage, needed work. On the market for 500 days. Originally listed for $525,000 and reduced to $395,000 at the time of sale. Closed in July, 2009 for $240,000. Call me today for all your real estate needs. Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356

4 comments:

  1. out rage us. Buy now while the gettin's good I guess?

    ReplyDelete
  2. Is this price correct?? Does not seem possible. Did someone sell half the duplex? Taxes are $13,400!! Zillow thinks it is worth $630,000. Something strange here or Western Springs' prices are turning into Las Vegas.

    ReplyDelete
  3. That is the price posted in the MLS. I have been an agent in town for 30 years and the price surprised me. I have a call into the listing agent to double check if it was an error. The building did need extensive work.

    ReplyDelete
  4. It really did sell for that...The banks are taking some low bids. If you happen to be bidding on something owned by a bank and no one else bids-a good deal can be made. It is a different time for real estate. But don't get fooled, this is no Vegas. Most properties are still selling for a fair price. And by the way, Zillow is often wrong. I have been a local agent for 30 years and this property was not the most desireable but for the price it sold for it became VERY desireable. Someone did get an excellent deal.

    ReplyDelete